USING A SPATIAL ENDOGENOUS METHOD TO DETECT HOUSING SUBMARKETS: AN APPLICATION TO TUCSON

Sandy DALL'ERBA; Chris BITTER

Makale detayları

USING A SPATIAL ENDOGENOUS METHOD TO DETECT HOUSING SUBMARKETS: AN APPLICATION TO TUCSON

Yazarlar:

Sandy DALL'ERBA | Chris BITTER

Yayıncı:

Kilis 7 Aralik University

Dergi:

Journal of Academic Researches and Studies 2010 Vol.2 Issue 3, pp.1-15

Belge Tipi:

Makale

Yayın Tarihi:

12/2014

Belge Dili:

İngilizce

Document ID (Org No.):

2000863081

Sıklık:

İki Yıllık

eISSN:

2149-1585

pISSN:

1309-3762

Anahtar kelimeler:

Özet:

 

While tools modelling spatial autocorrelation have been unanimously adopted in the housing prices literature, there is still no consensus on the appropriate methodology to identify submarkets, i.e. on how to count for spatial heterogeneity. In this paper we propose an innovative methodology that endogenously detects submarkets while counting for spatial autocorrelation across housing prices. The advantage of an endogenous detection is to avoid arbitrariness in the sense that submarkets are defined by the variables of our model only. We apply our methodology to Tucson’s housing market for which our results provide a strong evidence of spatial heterogeneity.

Makale detayları

USING A SPATIAL ENDOGENOUS METHOD TO DETECT HOUSING SUBMARKETS: AN APPLICATION TO TUCSON

Yazarlar:

Sandy DALL'ERBA | Chris BITTER

Yayıncı:

Kilis 7 Aralik University

Dergi:

Journal of Academic Researches and Studies 2010 Vol.2 Issue 3, pp.1-15

Belge Tipi:

Makale

Yayın Tarihi:

12/2014

Belge Dili:

İngilizce

Document ID (Org No.):

2000863081

Sıklık:

İki Yıllık

eISSN:

2149-1585

pISSN:

1309-3762

Hedonic model

Heterogeneity

Spatial econometrics

Sayı

Makale detayları

USING A SPATIAL ENDOGENOUS METHOD TO DETECT HOUSING SUBMARKETS: AN APPLICATION TO TUCSON

Yazarlar: Sandy DALL'ERBA | Chris BITTER

Yayıncı: Kilis 7 Aralik University

Dergi: Journal of Academic Researches and Studies 2010 Vol.2 Issue 3, pp.1-15

Belge Tipi: Makale

Yayın Tarihi: 12/2014

Belge Dili: İngilizce

Document ID (Org No.): 2000863081

Sıklık: İki Yıllık

eISSN: 2149-1585

pISSN: 1309-3762

Hedonic model

Heterogeneity

Spatial econometrics

Sayı

Yazarlar:

Sandy DALL'ERBA | Chris BITTER

Yayıncı:

Kilis 7 Aralik University

Dergi:

Journal of Academic Researches and Studies 2010 Vol.2 Issue 3, pp.1-15

Belge Tipi:

Makale

Yayın Tarihi:

12/2014

Belge Dili:

İngilizce

Document ID (Org No.):

2000863081

Sıklık:

İki Yıllık

eISSN:

2149-1585

pISSN:

1309-3762